The Constraint for Resource 1 Is 5 X₁ + 4 $\ge$

question 42

Multiple Choice

The constraint for resource 1 is 5 X₁ + 4 X₂ $\ge$ 200. If X₂ = 20, what it the minimum value for X₁?

• A)20
• B)24
• C)40
• D)50

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Definitions:

Salary Deferral Plan

A type of retirement plan where employees opt to defer a portion of their salary, which is then invested on a pre-tax basis until withdrawal at retirement.

Compounded Semi-Annually

A method of calculating interest where the accrued interest is added to the principal amount twice a year, leading to interest on interest.

Month-End Contributions

Payments or deposits made towards an account or investment, typically recorded at the end of the month.

Monthly Payments

Monthly Payments are regular payments made once a month, commonly associated with loans or leases.